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Government adds funding to tariffs aid
The Herald
|April 14, 2025
BUSINESSES in the UK being hit by United States President Donald Trump's tariffs are set to receive extra support, as the Government announced a new export finance package worth billions of pounds.
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Chancellor Rachel Reeves has said thousands of businesses would benefit from the move, which will expand support for firms provided by UK Export Finance (UKEF) by £20 billion.
Up to £10 billion of that support will be used specifically for firms “impacted in the short term by the current situation”, according to the Treasury.
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